Business

UoN Launches Sh4.7B Silicon Savannah Innovation Hub

The University of Nairobi (UoN) has launched the Silicon Savannah Innovation Park, in an event held at State House Nairobi…

1 year ago

CNN Academy’s New ‘Micro-Documentaries’ Sound the Climate Alarm for Global South at COP29

The Rockefeller Foundation supported specialized training by CNN Academy to amplify diverse voices, teach, and promote accurate and impactful reporting…

1 year ago

County Gvt of Homa Bay Risks Blacklisting Over Misuse of Sh358M

Homa Bay County Government is on the jaws of potential blacklisting from the Financing Locally Led Climate Action (FLLoCA) program,…

1 year ago

CBK Issues Guideline to Protect Banks Against Panic Withdrawals

The Central Bank of Kenya (CBK) has provided fresh guidelines, urging commercial banks across the country to increase their liquid…

1 year ago

Elon Musk’s Starlink Accused of Offering Deep Discounts to Entice Customers

Elon Musk's Starlink now faces accusations of predatory pricing to lure customers against competitors in the Kenyan Market. Jamii Telecommunications…

1 year ago

Kenya’s Diaspora Remittances Skyrockets to Record Sh56.2 Billion in October

Kenyan diaspora remittances has hit a new monthly record of $437.2 million, equivalent to Ksh.56.2 billion, in October 2024. This…

1 year ago

Deductions for SHIF and Housing Levy Impacts Hefty Payslip Cuts on Workers

New statutory deductions for Kenya's Social Health Insurance Fund (SHIF) and housing levy have pushed workers' payslip cuts to unprecedented…

1 year ago

I&M Group PLC Records 24% Growth in Profit Before Tax for Q3 2024

I&M Group PLC has recorded 24% growth in profit for the year 2024, before taxation, equivalent to KES 14.1 billion…

1 year ago

CBK Mounts Pressure on Commercial Banks to Reduce Lending Rates

The Central Bank of Kenya (CBK) is mounting more pressure on commercial banks to reduce borrowing rates. As a result,…

1 year ago

Equity Group Holdings and DEG Launch German Desk to Promote Trade

Equity Bank Limited Group Holdings Plc and DEG-Deutsche investitions-und EntwicklungsgesellschaftmbH, the German Development Finance Institution, have joined forces to establish…

1 year ago